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Aug 1, 2009 8:00am EDT
montana makes? >> would it surprise, you, sir, to know she makes over $50 million. >> she didn't blow up the economy. >> mr. moore, don't ask him how much the mayor of las vegas makes, ok? >> now here is my question to you, sir. can we agree that someone who runs a major company with thousands, if not tens of thousands of employees, who has oversight over billions, if not tens of billions of dollars, if that company is well managed and makes a profit for the shareholders, do you have a problem, sir, with that person making as much money as hannah montana makes and a-rod and lebron james? >> are you saying that dan o'neal well managed his came? are you saying that kaine was a great c.e.o.? >> no, i'm -- look, i am not here to defend c.e.o.'s who ran their companies in to the ground. >> mr. moore, you're here to defend yourself. >> what i'm asking you, is why do we -- don't you believe, sir, that it should be the boards of directors and the shareholders, not members of congress, who determine what the salaries are of these companies? after all, the shareholders are the owners of the compan
Aug 1, 2009 3:30am EDT
've got some democrats who are going along with the industry. max baucus, the senator from montana, for example, the most important figure right now in this health care legislation that's being written in the senate. he's resisted, including a public insurance option in the reform bill, right? >> that's right. >> moyers: why is the industry so powerful on both sides of the aisle? >> well, money and relationships, ideology. the relationships. an insurance company can hire, and does hire, many different lobbying firms. and they hire firms that are predominantly republican and predominantly democrat. and they do this because they know they need to reach influential members of congress like max baucus. so there are people who used to work for max baucus who are in lobbying firms or on the staff of companies like cigna or the association itself. >> moyers: yeah, i just read the other day in "the washington post" that max baucus' staff met with a group of lobbyists. two of them had been baucus' former chiefs of staff. >> right. >> moyers: i mean, they left the government. they go to work
Search Results 0 to 1 of about 2